NFT Market Sees Mixed Results: Floor Prices Fall in 24H, Overall Sales Increase per week

Source: AdobeStock / Ascannio


The marketplace for non-fungible tokens (NFTs) is visiting a very mixed picture among the broader crypto market downturn – a little relief rally within the floor prices was recorded previously day by a few major collections with other people still decline, and also the overall buying and selling volume for almost all these has risen in the last week.

Yuga Lab‘s Bored Ape Yacht Club (BAYC) has witnessed its floor cost rise by 4% to USD 88,070 in the last 24 hrs, according to NFT data aggregator DappRadar, at 11:00 UTC on Wednesday morning. Likewise, the typical cost of the BAYC NFT has elevated by 50% to USD 152,640.

In addition, Otherdeed has additionally seen a rise in their floor prices close to 7%. The typical cost, however, is lower by 7% in the same time frame period.

Other blue-nick NFT collections, however, have experienced a stop by their floor prices. The hyped NFT collection Goblintown has witnessed its floor cost fall by 13% to USD 3,230, based on DappRadar. The typical cost is lower 7% to USD 4,960. 

CryptoPunks and Mutant Ape Yacht Club (MAYC) will also be lower, using their floor prices shedding 3% to USD 50,390 and also over 1% to USD 15,750, correspondingly. The former’s average cost is lower 23% to USD 65,840, as the latter’s expires by 13% to USD 21,070.

Meanwhile, the buying and selling amount of nearly all these NFT collections has elevated in the last week.

BAYC expires under 1% to USD 12.8m, MAYC increased greater than 20% to USD 7.35m, Otherdeed rose 46% to eightPercent, and CryptoPunks expires an astonishing 203% to USD 7.64m.

Goblintown, meanwhile, has witnessed its volume drop over 76% in the same time frame period to USD 6.9m. 

All of this may come as the crypto bloodbath continues. Based on CoinGecko, the very best 10 cryptoassets by market capital are at a negative balance in the last 24 hrs, with bitcoin (BTC) and ethereum (ETH) suffering probably the most, shedding 8% and 11%, correspondingly.


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